Toshiba sees long odds for Hon Hai’s ¥3 trillion chip bid, sources say

Toshiba Corp. may forgo the highest bid for its semiconductor business, from Hon Hai Precision Industry Co., because of likely opposition from the Japanese and American governments, according to people familiar with the matter. Taiwan’s Hon Hai, which has indicated its willingness to pay as much as ¥3 trillion ($27 billion) for the chip unit, […]

The post Toshiba sees long odds for Hon Hai’s ¥3 trillion chip bid, sources say appeared first on The Japan Times.

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